Turkey’s lira again nears record low as inflation views surge
The Turkish lira edged to near record lows on Friday as concerns about President Tayyip Erdogan’s low interest rate policy were fueled by a central bank survey showing one ...
Discussion on draft for EU’s Varosha options paper before Foreign Affairs Council
The discussion on the draft options paper on the EU’s response to Turkey’s actions in Varosha will be continued at the Foreign Affairs Council (FAC) on Monday.
The ...
Turkish lira flirts with record low as Doha eyes trouble
The Turkish lira briefly slid 1 per cent on Monday, again nearing record lows touched last week as concerns persisted over President Tayyip Erdogan’s rate-cutting drive and Qatar said it ...
US recognises Cyprus’ right to develop resources in its EEZ – state department
The US recognises the right of the Republic of Cyprus to develop resources in its exclusive economic zone (EEZ), the state department has said.
A spokesperson was asked by Greek ...
Erdogan says he hopes volatile Turkish lira will steady soon
Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilise shortly and he again promised low interest rates, after a historic plunge in ...
Nicosia rejects Ankara’s Block 5 criticism
Turkey’s reaction to news that the government has awarded the rights for the exploration of offshore Block 5 to the ExxonMobil and Qatar Petroleum consortium, demonstrates, yet again, Ankara’s ...
Turkey slams Cyprus over exploration licence for Exxon, Qatar Petroleum in Mediterranean
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration licence in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorised ...
Erdogan picks low-rates champion as finance minister as Turkish lira skids
Turkish President Tayyip Erdogan appointed a strong supporter of his low interest rate drive as minister of treasury and finance on Thursday, replacing the last top official seen to favour ...
Turkish lira slides 1.6 per cent towards record dollar low
Turkey’s lira dipped to 13 to the dollar on Tuesday, resuming a slide towards last week’s record low as strong economic growth data failed to alleviate concerns about a ...
‘Total nightmare’ in north over lira freefall
The freefall of the Turkish lira is among the main concerns in the north with people seeing the prices of goods and their loan instalments in foreign currency skyrocket, while ...
Christodoulides: Securing concerted EU action on Turkey a difficult task
Cyprus will use the means at its disposal – diplomatic and legal – to put pressure on Turkey over its actions on the high seas and in the fenced-off town of Varosha – ...
Gas projects back on track
The consortium holding the concession on block 10 in Cyprus’ Exclusive Economic Zone are making final preparations for follow-up drilling to narrow down the precise quantities of natural gas in place, ...
European Commission records Varosha situation in classified report
The European Commission has prepared a detailed classified report on everything that has been taking place at Varosha since July 20, 2021, in a bid to verify accusations issued by the Republic ...
Cyprus unhappy over EU tardiness on Varosha
The options paper on possible EU responses to Turkey’s actions in Varosha will be presented at the next EU Foreign Affairs Council in December, the EU foreign policy chief ...
Ending Turkish Cypriot alienation
An international body running ports and airports in the north could end its isolation and help conditions for a solution
One of the basic mistakes that have been consistently committed – ...
Jailed Turkish politician’s wife sentenced over medical report
The wife of prominent jailed Turkish opposition figure Selahattin Demirtas has been sentenced to 2-1/2 years in jail after being found to have provided inaccurate information over a date in ...
Foreign intervention in war-torn Libya must end, Anastasiades tells Paris conference
President Nicos Anastasiades on Friday said Cyprus would do its best to help fulfil the objectives set out the Joint Declaration of the Paris International Conference on Libya, pointing out ...
Visiting British MPs focus on Turkey and Cyprus
Turkey’s drift from the West and how it should be dealt with was discussed on Wednesday during a meeting at the House foreign affairs committee with the participation of ...
Turkey wants regional peace but is ‘ready for anything’, Cavusoglu says
Turkey is ready for anything in order to defend its rights in the eastern Mediterranean but it is working for peace in the region, Foreign Minister Mevlut Cavusoglu was quoted ...
Cyprus issues anti-Navtex as Turkey announces exercises off north
Cypriot authorities have dismissed as illegal gunnery exercises planned for next week by the Turkish navy in waters in the north of the island.
Under a Navtex – or marine advisory – ...
Why is the road to The Hague accessible to Armenia/Azerbaijan but not to Cyprus/Turkey?
By Tasoula Hadjitofi
As a resident of The Hague in the Netherlands, I have become familiar with the international courts which have transformed this historic Dutch city into an international ...
Turkey to expel U.S. envoy and nine others, Erdogan says (Updated)
By Daren Butler
Turkish President Tayyip Erdogan said on Saturday that he had told his foreign ministry to expel the ambassadors of the United States and nine other Western countries ...
Moscow says Varosha moves ‘unacceptable’
Cyprus and Russia on Thursday signed two agreements enhancing their cooperation in various fields, while Moscow called ‘unacceptable’ Turkey’s unilateral moves in Varosha as well any attempt to change ...
Our View: EU policy of taking measures repeatedly fails to materialise
Nicosia welcomed Monday’s decision of the EU Foreign Affairs Council to draft a document with ways of dealing with Turkey’s failure to reverse its actions in the fenced ...